Guns Can Raise Some Special Estate Planning Issues

There are a wide variety of different types of assets that a person may
want to have passed on to their loved ones when they die. Some assets
raise some special concerns when it comes to estate planning. One such
asset are gun collections.

Gun collections can be very valuable, both monetarily and emotionally.
Thus, it is not the least bit surprising that making sure their gun collection
stays in the family when they die is something that some gun owners care
a great deal about.

Now, there are a quite a few different laws and regulations, both on the
state and federal level, regarding gun ownership and the transfer of gun
ownership. If a person's estate plan involves a transfer of a gun
collection upon a person's death and it does not take proper steps
to address these rules and regulations, it could lead to a person's
wishes regarding their gun collection not being able to be followed when they die.

Thus, when an estate plan involves a gun collection, it can be important
for it to include an estate planning mechanism specifically configured
to deal with the estate planning issues specific to guns. Gun trusts are
such a mechanism.

When it comes to a creating a gun trust as part of an estate plan, it can
be incredibly important to get all the little details right. A gun trust
can be next to worthless if it isn't configured properly.

Our firm can help individuals who are interested in having a gun trust
in their estate plan. We are very experienced when it comes to gun trusts
and can assist clients with all the various aspects of forming such trusts.
See our gun trusts page for further information on this topic.

E-mail Disclaimer: Please be advised that contacting Willis Law or one of its attorneys by
email does not constitute establishing an attorney-client relationship
or otherwise confidential relationship between you and the Firm. Please
do not give us any information you regard as confidential until a formal
attorney-client relationship has been established. Do you wish to proceed?

The information on this website is for general information purposes only.
Nothing on this site should be taken as legal advice for any individual
case or situation. This information is not intended to create, and receipt
or viewing does not constitute, an attorney-client relationship.

x

⚠

Your browser is out of date. To get the full experience of this website,
please update to most recent version.